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March 30, 2021| Element List | Sales/Revenue |
| Current Year | 24,122,503 |
| Previous Year | 38,687,418 |
| %Change | -37.647 |
| Gross Profit (Loss) | |
| Current Year | 5,459,062 |
| Previous Year | 22,409,772 |
| %Change | -75.639 |
| Operational Profit (Loss) | |
| Current Year | -13,412,372 |
| Previous Year | 24,169,671 |
| %Change | – |
| Net Profit (Loss) after Zakat and Tax | |
| Current Year | -15,878,515 |
| Previous Year | 24,149,109 |
| %Change | – |
| Total Comprehensive Income | |
| Current Year | -15,750,280 |
| Previous Year | 24,392,109 |
| %Change | – |
| Total Share Holders Equity (after Deducting Minority Equity) | |
| Current Year | 136,326,958 |
| Previous Year | 152,077,238 |
| %Change | -10.356 |
| Profit (Loss) per Share | |
| Current Year | -1.59 |
| Previous Year | 2.41 |
| All figures are in (Actual) Saudi Arabia, Riyals |
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 24,122,503 | 38,687,418 | -37.647 | ||
| Gross Profit (Loss) | 5,459,062 | 22,409,772 | -75.639 | ||
| Operational Profit (Loss) | -13,412,372 | 24,169,671 | – | ||
| Net Profit (Loss) after Zakat and Tax | -15,878,515 | 24,149,109 | – | ||
| Total Comprehensive Income | -15,750,280 | 24,392,109 | – | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 136,326,958 | 152,077,238 | -10.356 | ||
| Profit (Loss) per Share | -1.59 | 2.41 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
| Explanation |
The reason for achieving net losses during this year compared to the previous year is due to 1- Decreasing revenues for two reasons – The company’s revenues were negatively affected during the current year due to the emerging corona virus pandemic – The company has transferred an amount of (6508468 SR) from the company’s revenues to the deferred revenue account, according to standard 15 of international standards (IFRS) , and it will be added to the company’s revenues for the current year2021 . 2 – the company made a study for a decrease in the value of intangible assets ( impairment) and formed a provision of impairment by 5 millions Riyal and charged to the operational activities 3- A final Zakat assessment was made for the years from 2014 to 2018 , and an amount of 1844451 Riyal was charged in 2020 AD |
| Statement of the type of external auditor’s report | |
| Explanation | Unmodified opinion |
| Reclassification of Comparison Items | |
| Explanation | Certain comparative figures are reclassified to conform current year classification |
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
The reason for achieving net losses during this year compared to the previous year is due to 1- Decreasing revenues for two reasons – The company’s revenues were negatively affected during the current year due to the emerging corona virus pandemic – The company has transferred an amount of (6508468 SR) from the company’s revenues to the deferred revenue account, according to standard 15 of international standards (IFRS) , and it will be added to the company’s revenues for the current year2021 . 2 – the company made a study for a decrease in the value of intangible assets ( impairment) and formed a provision of impairment by 5 millions Riyal and charged to the operational activities 3- A final Zakat assessment was made for the years from 2014 to 2018 , and an amount of 1844451 Riyal was charged in 2020 AD |
| Statement of the type of external auditor’s report | Unmodified opinion |
| Reclassification of Comparison Items | Certain comparative figures are reclassified to conform current year classification |
كل عام والسعودية تُعانق السماء مجدًا وطموح وإزدهار اللهم ادم علينا الامن والامان والرخاء واحفظ هذه البلاد وقادتها من كل سوء
